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The economy continues to deteriorate, with high inflation and sharply increasing government debt.

Growth sustained by government investments in infrastructure and private consumption.

A hard landing of the Chinese economy and growing social unrest remain downside risks.

In the French construction segment revenues and investments remain low, competition is fierce, and prices and profitability are both being squeezed.

Construction output is expected to increase again, but poor payment behaviour of public buyers remains an issue.

Cooperatives and SMEs focused on domestic residential construction remain highly exposed to the risk of business failure.

The recovery of the Dutch construction sector continued in 2015, but remains one-sided.

Insolvencies are expected to decline further, but at a slower pace than in 2015.

The level of payment delays and insolvencies is expected to remain high.

Payments in the construction sector still take more than 100 days on average.

Debt levels have increased and margins have decreased, especially for smaller businesses.

Improved outlook due to a better business environment and large infrastructure projects.

Uncertainty about interest rates and currency volatility could derail the performance in 2016.

Payment experience has been bad over the past year, and insolvencies increased in 2015.

The sharp decrease in oil prices has a negative impact on construction activities.

Atradius identificeert de top 8 meest veelbelovende markten voor zakelijke kansen in 2016.

Insolvencies are forecast to fall only 3% across advanced markets in 2016, the worst performance since 2012.

Business insolvencies expected to increase 6% in 2016 as the slump in the mining sector continues.

Economic growth forecast to slow down to 6.3% in 2016, but no hard landing expected for the time being.

Robust growth, but high levels of corporate debt. The pace of structural reforms remains too slow.